Healthcare startup ShopDoc secures $1.36Mn funds from UAE investors
ShopDoc had launched 3 patient care services in Dubai, specifically for the Indian diaspora across the Middle East
The prestigious GITEC Future Super Stars Expo 2021 that concluded at the Dubai World Trade Centre recently saw a handful of Kerala start ups getting noticed by the big players and the world. Among them, a healthcare startup made a splash by securing funding to the tune of $1.36 million from investors.
ShopDoc, the healthcare startup mentored by the Kerala Startup Mission (KSUM), mopped up the seed funds from UAE-based investors at the GITEX event, thereby opening itself the opportunities for further growth.
ShopDoc has in its kitty a super-specialty hospital app for patient referrals and smart doctor deployment services. The Kochi-based company, which has lined up expansion plans for the Middle East has managed to secure close to Rs 10 crore already.
ShopDoc among 20 startups at Dubai GITEX
Being one among the 20 startups showcased by KSUM at GITEX 2021, ShopDoc was successful in presenting before the global investor community its huge potential and possible growth traits in the healthcare domain on a global level.
Shihab Makaniyil, Founder and CEO of ShopDoc, said the company has been amidst overwhelming responses from Indian business community, organizations, media and investors since expanding its services in Dubai.
According to him, the seed funds that have been received would go into establishing an office in the UAE and to build a region-specific integrated healthcare platform that would accommodate local practitioners and healthcare providers so that they can offer services to patients across the GCC.
Apart from getting noticed by investors, ShopDoc also entered the semi-final of Supernova Challenge at GITEX 2021 in the Best International Startup category. Last month, the startup launched three patient care services in Dubai, specifically for the Indian diaspora across the Middle East, said a source.
Recognition for work in digital healthcare domain
The funds mop up by ShopDoc has been seen as a significant recognition for the startup’s innovative application in the highly promising digital healthcare domain.
According to Kerala Startup Mission Chief Executive Officer John M. Thomas said it was an important recognition, the GITEX expo was an ideal platform to showcase the strength and vibrancy of the state’s startup ecosystem. All the 20 startups from Kerala could prove their mettle in this global platform, and ShopDoc has leveraged it quite well, he added.
The ShopDoc app already boasts a subscription base of more than 200 hospitals, 3,575 doctors and 21 lab chains in its first-year of functioning in Kerala.
